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Harleysville Financial (Harleysville Financial) Effective Interest Rate on Debt % : 10.41% (As of Dec. 2023)


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What is Harleysville Financial Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Harleysville Financial's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $10.21 Mil. Harleysville Financial's average total debt for the quarter that ended in Dec. 2023 was $98.05 Mil. Therefore, Harleysville Financial's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 10.41%.


Harleysville Financial Effective Interest Rate on Debt % Historical Data

The historical data trend for Harleysville Financial's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Harleysville Financial Effective Interest Rate on Debt % Chart

Harleysville Financial Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.42 6.05 5.16 4.53 4.85

Harleysville Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.12 - - 6.79 10.41

Competitive Comparison of Harleysville Financial's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Harleysville Financial's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Harleysville Financial's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Harleysville Financial's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Harleysville Financial's Effective Interest Rate on Debt % falls into.



Harleysville Financial Effective Interest Rate on Debt % Calculation

Harleysville Financial's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2022 )+Total Debt  (A: Sep. 2023 ))/ count )
=-1  *  -3.876/( (61.858+98.045)/ 2 )
=-1  *  -3.876/79.9515
=4.85 %

where

Total Debt  (A: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=47 + 14.858
=61.858

Total Debt  (A: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=45.853 + 52.192
=98.045

Harleysville Financial's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -10.208/( (98.045+0)/ 1 )
=-1  *  -10.208/98.045
=10.41 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=45.853 + 52.192
=98.045

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Harleysville Financial  (OTCPK:HARL) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Harleysville Financial Effective Interest Rate on Debt % Related Terms

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Harleysville Financial (Harleysville Financial) Business Description

Traded in Other Exchanges
N/A
Address
271 Main Street, Harleysville, PA, USA, 19438
Harleysville Financial Corp is a United States-based company that offers various banking services. It is mainly involved in the business of attracting deposits from the general public and business customers through a variety of deposit programs and investing such deposits mainly in first mortgage loans secured by residential properties in the Bank's primary market area. Its products and services portfolio offers checking accounts, savings accounts, cash deposits, business checking, business savings and banking services, personal loans, credit, etc. Its customers are mainly in southeastern Pennsylvania.
Executives
Edward J Molnar officer: Chairman/CEO 102 MADISON WAY, LANSDALE PA 19446
Charlotte A Hunsberger director HARLEYSVILLE SAVINGS FINANCIAL CORP, 271 MAIN STREET, HARLEYSVILLE PA 19438
Sheri L Strouse officer: Senior Vice President 2861 DENBEIGH DRIVE, HATFIELD PA 19440
Brendan J Mcgill officer: Senior Vice President
James L Rittenhouse director HARLEYSVILLE SAVINGS FINANCIAL CORP, 271 MAIN STREET, HARLEYSVILLE PA 19438
Sanford L Alderfer director HARLEYSVILLE SAVINGS FINANCIAL CORP, 271 MAIN STREET, HARLEYSVILLE PA 19438
Thomas D Clemens director 1355 KEELER ROAD, LANSDALE PA 19446
Adrian D Gordon officer: Senior Vice President 30 ASHFORD WAY, SCHWENKSVILLE PA 79473
Ronald B Geib officer: President 157 E WOODS DR, HARLEYSVILLE PA 19438
David J Friesen director 485 QUARRY RD, HARLEYSVILLE PA 19438
Mark R Cummins director 355 MAPLE AVE, HARLEYSVILLE PA 19438-2297
Stephen J Kopenhaver officer: Senior Vice President 324 NORTH 40TH STREET, ALLENTOWN PA 18104
Philip A Clemens director 485 QUARRY RD, HARLEYSVILLE PA 19438
George W Meschter director 1415 S COLLEGEVILLE RD, COLLEGEVILLE PA 19426
Marian Bickerstaff officer: Senior Vice President 102 MADISON WAY, LANSDALE PA 19446

Harleysville Financial (Harleysville Financial) Headlines